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to have an energy-efficient home or apartment. >> there are lots of creative ways of doing it. the latest trends are being presented right now in germany. >> we decide to take a look at one way to go green, literally. it involves something that you might not expect for heating. algae. >> scientists spent five years trying to find an algae culture that could be used to heat buildings. martin developed the system and now they are launching the test phase. >> we do not have any prior experience. we are kind of writing the book. >> the algae building is a world premiere, but growing algae could soon set a precedent for others because the algae only need a few nutrients, carbon dioxide, and some might in order to produce heat and valuable bio mass. >> if we take a look at our efficiencies, you could say we went back 10% of the night as biomass and harnessed 38% as heat. that's means i recover 48% of the light absorbed by the algae. in solar cells, it is only around 12% to 15%. >> and construction materials and energy systems are key topics at the building exhibition in hamburg. it is a bonanza
growing energy around the world. sho beppu reports. >> reporter: the ground beneath the deserts of southern iraq holds some of the world's largest untapped oil deposits. foreign sanctions left the oil in a state of disrepair. but multinational corporations have returned to start new oil production. this is the oil field in southern iraq. i'm standing here, 14 meters high construction site of oil tank. this is where the extracted crude oil will be put temporarily before being put into the pipeline. this oil field is being developed by a joint venture from asia. a malaysian state-run company owns 60% of the stake. while an investment firm backed by japanese government owns the remaining 40%. about 2,400 people work here around the clock. engineers from pakistan and bangladesh work with colleagues from malaysia, japan and iraq. >> japanese count. all right. eight count, please. all right. >> reporter: every morning, workers exercise before heading to the construction site. it's an idea implemented by the japanese employees to foster a sense of community among workers with different
in energy saving technology. while imabari has know-how in shipbuilding. they say this will put them in a position to compete with major rivals in south korea and other countries. >>> here are the latest market figures. >>> deadly religious violence in central myanmar has drawn the attention of the united nations and there are increasing concerns about the fighting spreading to other areas. >>> the u.n. secretary general special advisor visited some of the sights where many muslims were forced to flee their homes. during the visit, he expressed concern about the violence denouncing those responsible. >> they will be caught and punished. >> the violence erupted after a argument between a gold shop between a couple and shop owners. nearly 200 houses and buildings were set ablaze. there was a state of emergency declared on friday, placing the military in charge of security. however, the ap news agency reports that the violence has spread to two other towns in the heartland of the country. last year religious conflict also led to a state of emergency there. >>> the highest course has rul
off the russian talks just yet. we also understand that the separate energy minister is now in moscow as well. he is a very important man because cyprus has recently discovered natural gas. i understand that the finance minister will have more meetings later, so bear in mind that the russian situation is not closed, but meetings have been going on this afternoon. we understand the president is working on a bill to limit money leaving cyprus and extending the bank closures in the short term. the banks will be closed on thursday and friday according to your peace there, but it will likely be closed thursday, friday, saturday, sunday, monday, and tuesday. by tuesday, we are looking at 10 days of closure. there is also some speculation that state pension funds may be rated in this revised plan, this so-called plan b, and we understand that some kind of cobbled plan will be presented to the troika tomorrow, but it is a fluid situation. things are moving literally by the minute here, but we understand the president does have another meeting in the morning and that he may actually say someth
is competitiveness. they are eager to look beyond to innocvation, energy, climate. there are not trying to talk about the cyprus issue alone. there was brief mentions saying that of course bureau stability -- euro stability is crucial. how do we get there to encourage growth and innovation? >> they have been distancing themselves from the planet. what else can you tell us? >> this tax on depositors and small depositors it was somehow the instigation of germany. german politicians have been pushing back on that. we heard two government spokespersons say, not at all. they say, not at all. we have heard a lot of criticism through the day from politicians at all across the spectrum saying a tax on small depositors is very question of land by no means were the german politicians satisfied with that part of it. >> melinda, thank you. let's take a look at market reaction. uncertainty over what this would mean for other banks in the euro zone prompting investors to sell off on monday, particularly banking stocks. we have the summary of the day's trading from the frankfurt stock exchange. >> traders have been
Search Results 0 to 4 of about 5

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